A picture perfect five wave decline has been unfolding from October 2014 high at 244.80 to June 20 - 2016 low at 134.25. This has completed wave A of zig-zag correction and wave B will now take over for a rally towards at least 174.35 and likely even closer to the 50% corrective target of wave A at 187.80. So after have been short almost 2 years it's time to switch to the long side as wave B unfolds.